265, RAKE LANE, CLIFTON, MANCHESTER, M27 8LL - £241,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

265 RAKE LANE is a small detached house of 86m², built sometime between 2007 and 2011. It was last sold for £241,000 in April 2024, which was around 41% below the average April 2024 detached price in the Salford local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

265 RAKE LANE Sold Prices

Land registry data shows five sales for 265 RAKE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Salford local authority area for the corresponding sale date. Most of the five 265 RAKE LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 26 APR	£241,000	£410,261	41% below HPI
2019 31 MAY	£175,000	£293,078	40% below HPI
2007 23 OCT	£244,000	£228,035	7% above HPI
2005 20 JUL	£186,200	£190,909	2% below HPI
2004 7 MAY	£130,000	£156,523	17% below HPI

265 RAKE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The five 265 RAKE LANE sales between May 2004 and April 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 265 RAKE LANE?

265 RAKE LANE is 86m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Clifton, based on EPC data. The below chart shows the distribution of detached houses by size in Clifton, and where 265 RAKE LANE lies on this distribution: 24% of detached houses are smaller than 265 RAKE LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Clifton.

265 RAKE LANE: Plot and Title Map

265 RAKE LANE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 265 RAKE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 265 RAKE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 265 RAKE LANE?

265 RAKE LANE is located in CLIFTON, in the M27 postcode district. The below map shows the position of No. 265 on RAKE LANE.